14 CFR 18
Section 18 Objective Classification—Cumulative Effect of Changes in Accounting Principles
United States · 14 CFR — Aeronautics and Space · Status: effective
Cite this
- Citation
- 14 CFR 18, Section 18 Objective Classification—Cumulative Effect of Changes in Accounting Principles, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/58617
- Permanent ID
ys:prov:58617@1- SHA-256
6120229b6fc14aff0935eb75e877075505246483a917a395d98d88c3bfaf9f90
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Full text
Record here the difference between the amount of retained earnings at the beginning of the period of a change in accounting principle and the amount of retained earnings that would have been reported at that date if the new accounting principle had been applied retroactively for all periods which would have been affected and by recognizing only the direct effects of a change and the related income tax effect.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.